Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billion The purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds 80,394 BTC The Luna Foundation Guard has acquired an additional 37,863 Bitcoin worth $1.5 billion to...Read More
Bitcoin rose Thursday after it was announced Jim Cramer would be investing in BTC. BTC/USD bulls cheered as Anthony “Pomp” Pompliano made the announcement. The CNBC “Mad Money” host is the latest high-profile investor to jump on the cryptocurrency bandwagon. Jim Cramer is the newest high-profile “bitcoiner.” Anthony “Pomp” Pompliano has managed to convince the...Read More
Former project manager at now defunct crypto investing firm Bitsonar, Yaroslav Shtadchenko, has filed a complaint with the U.S Federal Bureau of Investigation (FBI) accusing his former employer at Bitsonar of fraud. The accused, Bitsonar’s founder, Alexander Tovstenko, who was also a former clerk at the Ukrainian government hired Shtadchenko in 2018 “to provide consulting...Read More
Chilean cryptocurrency exchange, Buda.com has denied allegations that it transferred client funds without authorization, a local news site has said. Per the report Itau bank now known as Itaú Unibanco, a private sector bank based in São Paulo, Brazil filed a lawsuit against the exchange and that both the bank and the exchange were set...Read More
San Francisco-based venture company Blockchain Capital filed a lawsuit against another similarly named Florida based firm on Thursday for infringement on its trademark. The other company which goes by the name Blockchain Capital. Management LLC (BCM) was owned by one Fareed Iftikhar whose company also operated in the financial services sector. According to case papers...Read More
Dave Portnoy has bought $200,000 in bitcoin and $50,000 in chainlink in a video with the Winklevoss twins. Portnoy bought the crypto despite understanding almost nothing about Bitcoin. The video also sees the trader plan his own “DaveCoin,” and accept the idea that Elon Musk will soon crash gold by mining it on asteroids. Dave...Read More
If a stimulus check was invested in Bitcoin (BTC) in the first week it was sent out by the IRS, it is now up by 36%. The post appeared first on CCNRead More
In less than 10 hours, the Bitcoin halving will be activated. But, whales seem to be taking the opportunity to dump on the market. The post Why Bitcoin Whales are Mass-Dumping Before Crypto’s Big Halving appeared first on CCN.com The post appeared first on CCNRead More
Jack Dorsey’s flirtation with bitcoin is becoming a full-on affair – but the Twitter CEO is love-blind if he can’t see bitcoin’s blemishes. The post Twitter’s Jack Dorsey Is Dangerously Wrong About Bitcoin’s Role as World Currency appeared first on CCN.com The post appeared first on CCNRead More
In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious. The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to get back to trading. Staking crypto on the various exchanges has provided an alternative to trading and/or storing value in stablecoins. The Bitcoin...Read More
In brief: Bitcoin (BTC) has this morning reclaimed the $7,000 value once again. Its movement is amidst global reports of some countries winning the war against the Coronavirus. With halving only days away, Bitcoin might continue with its upward trajectory. In our Saturday analysis of Bitcoin, Ethereum World News had advised a ‘wait and see’...Read More
In brief: Mid last week, Binance confirmed rumors that it had acquired the popular crypto tracking platform of Coinmarketcap.com. The acquisition elicited mixed reactions from crypto enthusiasts. Some approved the deal while others saw it as a possible hostile takeover compromising Coinmarketcap. However, with this major move, Binance has now normalized the process of acquisitions...Read More
If you want to find out the latest events that transpired in the past week in the world of crypto, here is our weekly news summary. Huobi Launches Liquidation Mechanism Huobi exchange revealed the implementation of a liquidation mechanism that would stop trading should prices if the volatility is too high. This addition was made...Read More
Bitcoin SV (BSV) is a cryptocurrency that was created after the original Bitcoin Cash (BCH) underwent radical changes. The Bitcoin Cash was split into Bitcoin ABC (Adjustable Blocksize Cap) and Bitcoin SV (Santoshi Vision). Although the Bitcoin SV borrows heavily from the original Bitcoin Protocol, some might even say it is how the Bitcoin was...Read More
Has it ever crossed your mind that you can play your favourite casino game without making a registration? Well, this is possible if you join a no account online gambling site. This is one of the most convenient and easy options to play at any online casino. No one likes to fill up lengthy forms...Read More
Evidence shows that whales are buying the massive bitcoin dip. Bitcoin’s digital gold narrative was crushed recently. That status may return. The post Here’s How Bitcoin Can Bring Digital Gold Narrative Back to Life appeared first on CCN.com The post appeared first on CCNRead More
Evidence shows that whales are buying the massive bitcoin dip. Bitcoin’s digital gold narrative was crushed recently. That status may return. The post Here’s How Bitcoin Can Bring Digital Gold Narrative Back to Life appeared first on CCN.com The post appeared first on CCNRead More
If you want to find out the latest events that transpired in the past week in the world of crypto, but can’t be bothered looking on all the news sites, here is our weekly news summary: Kraken Getting into Forex Kraken has announced that it will start its foray into traditional forex trading, as it...Read More
The brutal stock market and S&P 500 selloff is killing other asset classes. Bitcoin plunged by nearly 40% in the last 24 hours. The post The Real Reason Why Bitcoin Had Its Worst Crash in 7 Years appeared first on CCN.com The post appeared first on CCNRead More
Bitcoin’s price plunged alongside stocks on Monday, proving once again it’s no safe-haven asset during this extremely volatile period. The post Brutal Stock Market Crash Exposes an Even Uglier Truth About Bitcoin appeared first on CCN.com The post appeared first on CCNRead More
If you want to find out the latest events that transpired in the past week in the world of crypto, but can’t be bothered looking on all the news sites, here is our weekly news summary: India Lifts Crypto Ban, Local Exchanges Resume Activity The Supreme Court of India has lifted the crypto ban that...Read More
Two years ago, Steven Seagal endorsed a bitcoin rip-off that was almost comically shady. You can probably guess what happened next. The post Steven Seagal Punished for Pumping Comically Shady Bitcoin Rip-Off appeared first on CCN.com The post appeared first on CCNRead More
Euro Pacific chief Peter Schiff says bitcoin is in a bubble and will crash to $3,000 before spot gold surges to that level. He’s wrong. The post Peter Schiff Says Bitcoin Will Hit $3,000 Before Gold Does. He’s Wrong. appeared first on CCN.com The post appeared first on CCNRead More
A 2013 video depicting a EU minister’s tirade against the global banking system has gone viral and it’s more relevant now than ever. The post ‘The Banks Are Broke’: This Viral Video From 2013 Is More Relevant Than Ever appeared first on CCN.com The post appeared first on CCNRead More
If you want to know what happened over the past week in the world of crypto, but can’t be bothered scouring all the news sites, here is our weekly news summary: Coinbase Becomes VISA Principal Member Source: Coinbase blog According to a blog post made by Coinbase this Wednesday, they have become the “first pure-play...Read More
Are the stars aligning for another bitcoin bull market? History suggests big things happen when bitcoin achieves a golden cross formation. | Image: shutterstock.com Bitcoin’s golden cross is a sign that a strong bull market is likely on the horizon. Statistics reveal that bitcoin may post a new all-time high in six months. Analysts believe...Read More
Bitcoin’s rally has occurred almost in lockstep with the spread of coronavirus. Still, analysts are cautious to attribute the gains to the outbreak. | Source: Shuttersock. | Source: Shuttersock Is there a correlation between bitcoins price action and the coronavirus spread? Virus-infected yuan placed in quarantine—Bitcoin fixes this. Bitcoin mining takes a dive following China’s...Read More
Months away from the bitcoin halving, Google Trends data indicate that a price surge may be on the horizon. | Image: REUTERS/Dado Ruvic/Illustration/File Photo Crypto enthusiasts are still divided on whether the halving is already priced in. Google Trends data reveal that the search term “bitcoin halving” is gaining traction. Analysts believe that bitcoin will...Read More
In the crypto world there is always something happening, be it an attack, a partnership or a new product launch. Today we will be focusing on some of the most notable crypto news and events that transpired this week. Crypto News of the Week: Attack Prompts IOTA to Disable Trinity Source: Medium One of the...Read More
XRP’s sudden flash crash on Bitmex has users furious. | Image: shutterstock.com Entire accounts were wiped out as XRP/USD on the Bitmex exchange tanked. Bitmex is not compensating traders whose stops were not executed. The Crypto Twitter community chimes in on the shocking development. Bitmex is once again grabbing headlines for all the wrong reasons....Read More
